Paytm launches credit score check facility

By Olivia Minnock
Digital payments company Paytm has added a function to its app which enabled users to check their credit score. Users will be able to receive a detail...

Digital payments company Paytm has added a function to its app which enabled users to check their credit score.

Users will be able to receive a detailed credit report via email, which will offer information on credit use and repayment history. It will also allow people to view their active credit card and loan accounts.

SEE ALSO:

Paytm’s customers will also benefit from advice on how they can look to improve their credit score, thanks to the app.

Paytm, one of India’s leading payment platforms, set up a subsidiary in March 2017 called Paytm Financial Services.

Another company offering a similar credit score service is Alibaba, with Ant Financial’s Sesame Credit allowing SMEs and private customers to access similar information. Sesame launched in 2015 and as such, Paytm is keen to keep up with the Asian payments behemoth.

 

Share

Featured Articles

Amberdata: RWA tokenisation gains significant momentum

Explore the world of RWA Tokenisation and why finance professionals are investing in the technology for sustainable growth and risk mitigation

WE’RE LIVE! FinTech LIVE Singapore

Kickstarting the year of events for FinTech LIVE, FinTech LIVE Singapore returns featuring speakers from Amberdata, Standard Chartered, ING, WeLab and more

FinTech LIVE Singapore: Just One More Day to Go!

Just one more day to go until FinTech LIVE returns in 2024 with FinTech LIVE Singapore

Top 100 Women 2024: Allison Paine Landers, UBS - No. 10

Sustainability

Top 100 Women 2024: Akila Raman-Vaseghi, Goldman Sachs No. 9

Financial Services (FinServ)

FinTech LIVE Dubai: 1 Week to Go!

Digital Payments